Saudi Arabia price of gas is 45 cents a gallon
There's little U.S. residents enjoy more than complaining about gas prices, but paying $3.55 a gallon -- the current average price at the pump, according to GasBuddy.com -- is chump change compared to the prices consumers in other countries pay.
The average U.S. resident actually pays 90 cents to $2 less than the actual market value of gasoline because of government subsidies.
The average U.S. resident actually pays 90 cents to $2 less than the actual market value of gasoline because of government subsidies.
Gas prices around the world range anywhere from 4 cents in Venezuela to $9.98 in Turkey.
In oil producing countries in the Middle East like Kuwait and Saudi Arabia, gas is dirt cheap. Saudi Arabians pay only 45 cents a gallon at the pump, while those in Kuwait pay just 80 cents.
But nowhere in the world is gas quite as cheap as it is in Venezuela. At 4 cents a gallon, it's practically free. In Venezuela, it costs about $1.56 to fill up the 39-gallon tank of a Chevrolet Suburban, according to calculations from Bloomberg, compared to $137.28 in the U.S. and $389.22 in Turkey.
source
In oil producing countries in the Middle East like Kuwait and Saudi Arabia, gas is dirt cheap. Saudi Arabians pay only 45 cents a gallon at the pump, while those in Kuwait pay just 80 cents.
But nowhere in the world is gas quite as cheap as it is in Venezuela. At 4 cents a gallon, it's practically free. In Venezuela, it costs about $1.56 to fill up the 39-gallon tank of a Chevrolet Suburban, according to calculations from Bloomberg, compared to $137.28 in the U.S. and $389.22 in Turkey.
source
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